Need Help Buying or Selling A Home?

Pinnacle Real Estate Group – FL

118 SW Palm Cove Drive, Palm City, FL 34990 (MLS# M20056819)

118 SW Palm Cove Drive, Palm City, FL 34990

$3,450,000
Property Type: Residential Bedrooms: 3 Baths: 5 Square Footage: 6,891 Status: Active
Current Price: $3,450,000 List Date: 9/05/2026 Last Modified: 9/14/2026

Overview

Description

First time on the market, this impeccably maintained 5,232-sq ft custom waterfront estate embodies timeless elegance in Palm Cove. Residents enjoy ocean-access from the marina, golf, tennis, fitness amenities, and an active social lifestyle. The 3 bedroom, 3½-bath residence features a first-floor owner’s suite w/ dual en-suite baths & 2 oversized walk-in closets, and two additional bedrooms and a private sitting room upstairs. A true chef’s kitchen is appointed with quartz countertops, a granite island, premium gas range, two refrigerators, built-in microwave/coffee maker, 2 pantries, and stunning wine bar. The expansive dining room showcases a beautiful pecky cypress ceiling. River views are enjoyed from the LR, FR, kitchen, owner’s suite, pool and spa. The first-floor study includes a full bath & closet, offering the option of a 4th bdrm. Addtl highlights include impact glass, accordion shutters, whole-house generator, 3 HVAC systems, built-in cabinetry, & abundant storage cl ...

Listing Details MLS# M20056819

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
5
Bathrooms Full
4
Bathrooms Half
Yes
Building Area Main
6891
Building Area Source
Plans
Living Area Main
5232
Year Built
2004
Parking Total
3
Lot Size Area
17946.72
Lot Size Acres
0.41
Senior Community YN
No
Guest House YN
No
Waterfront YN
Yes
Stories Total
2
Direction Faces
South
Fireplace YN
Yes
Pool Private YN
Yes
Furnished
Furnished

Property Features

Association Fee Includes: Common Areas; Common Real Estate Tax; Reserve Funds; Security Electric: Generator Exterior Features: Barbecue Fireplace Features: Gas Flooring: Marble; Wood Property Condition: Resale Architectural Style: Traditional Construction Materials: Block; Concrete Cooling: Central Air; Zoned Association Type: Homeowner Association Heating: Electric; Zoned Listing Terms: Cash; Conventional Membership: Other Membership Available; Yacht Club Pets Allowed YN: Yes Pets Allowed: Number Limit; Size Limit Pool Features: Heated; Pool Sweep; Salt Water Possession: Close Of Escrow; Negotiable Restrictions: Parking - No Commercial Vehicles Roof: Barrel Security Features: Gated with Guard Sewer: Public Sewer Storm Protection Details: Clear Impact Glass Structure Type: House Tax Information: County Only Utilities: Sewer Available; Water Available Water Access: Ocean Access Water Source: Public Waterfront Features: Navigable Water; River Front; Seawall; Other Showing Requirements: Appointment Only; Call Listing Agent; Showing Service Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
3450000

Location and Legal

Country
United States
County Or Parish
Martin
County Parish Name
Martin
Street Number
118
Street Direction Prefix
SW
Street Name
Palm Cove
Street Suffix
Drive
City Name
Palm City
State Or Province
FL
Postal Code
34990
Postal Zip
34990
Subdivision Name
Cutter Sound PUD Ph 04 & 05
Development Name
Cutter Sound PUD Ph 04 & 05
Area
6090 - Palm City
Geographic Area
MRTC - Martin County
Elementary School
Bessey Creek
Middle Or Junior School
Hidden Oaks
High School
Martin County
Parcel Number
063841016005000501
Directions
Take Mapp rd to the gate house of Palm Cove.

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
639.25
Association Fee Frequency
Monthly
Association Membership
Mandatory
Estimated Monthly Assoc Recurring Fee
640
Membership Fee Required YN
No
Tax Annual Amount
23774
Tax Year
2025
Tax Legal Description
CUTTER SOUND PUD PHASES 4 & 5 LOT 5 PHASE 5

Status Change Information

Major Change Timestamp
2026-09-05T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-09-13

More Information

Member Equity

Membership Equity YN
No

Boat and Dock Information

Dock
Available

Co-Ownership

Property Management YN
Yes
Property Management Name
Coastal community
Property Management Phone
772-463-1829

Originating Details

Originating System Key
692237682
Originating System ID
M00000165

Room Information

Room Name Length Width Level
Laundry 10.00 19.00 Main
Loft 13.00 17.00 Second
Living Room 16.00 26.00 Main
Family Room 19.00 23.00 Main
Kitchen 16.00 22.00 Main
Dining Room 14.00 19.00 Main
Master Bedroom 19.00 19.00 Main
Bedroom 2 13.00 16.00 Second
Bedroom 3 13.00 17.00 Second
IDX
Listing Office: Berkshire Hathaway Florida Realty
Last Updated: September - 14 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

No obligation, confidential call.
Interested In Our Properties? Call Us With Any Questions
Scroll to top